Economics and Investing:

Abracadabra! Bankrupt Cities are Suddenly Un-Bankrupt! (Or Not)

Jim Rogers: “You Should Own Silver”

G.G. sent this: Italy PM unveils sweeping austerity package. Buried down in the article’s fine print: Cash transactions of more than €1,000 are banned.

Items from The Economatrix:

Eurozone Debt Crisis Worsens As Financial World Holds Breath Over Pending Financial Apocalypse

Secret Fed Loans Gave Banks $13 Billion Undisclosed To Congress

Audit Of The Federal Reserve Reveals $16 Trillion In Bailouts

Web of Debt – How Banks And The Federal Reserve Are Bankrupting The Planet